Piyush Goyal Projects India's Exports to Surpass $900 Billion

12-06-2025


India's goods and services exports are on a remarkable upward trajectory, with projections indicating a surge beyond $900 billion in the fiscal year 2025-26. Commerce and Industry Minister Piyush Goyal, during his address to an Indian business delegation in Stockholm, highlighted this optimistic outlook despite the backdrop of global economic uncertainties. The minister's confidence stems from India's export performance in the previous year, which reached an all-time high of $825 billion, up from $778 billion in 2023-24.

The resilience of India's export sector is evident as it navigates through challenges posed by the Russia-Ukraine conflict, the Israel-Hamas war, and the Red Sea crisis. These geopolitical tensions have not deterred the country's trade momentum, showcasing the strength and adaptability of its economy. Goyal's statements underscore the government's commitment to fostering trade and investment, both domestically and internationally, to sustain this growth.

During his official visit to Stockholm, Goyal engaged with his Swedish counterpart and local companies to explore avenues for enhancing bilateral trade and investments. This diplomatic effort is part of India's broader strategy to expand its global trade footprint and secure new markets for its goods and services. The Federation of Indian Export Organisations (FIEO) supports this vision, projecting a 21% year-on-year growth that could elevate India's exports to $1 trillion by 2025-26.

The consistent growth in India's exports, with the U.S. remaining its largest trading partner for the fourth consecutive year, reflects the country's increasing prominence on the global stage. As India continues to navigate through global turmoil, its export sector stands as a testament to the nation's economic resilience and potential for future expansion. The government's proactive measures and the private sector's dynamism are pivotal in achieving these ambitious targets, setting a positive outlook for India's trade landscape.

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Four Men Charged with Hate Crimes Linked to Extremist Group in Stockholm

{'$date': '2025-10-20T12:07:47.939Z'}


Swedish prosecutors have charged four men aged 20 to 24 with robbery and assault in connection with three separate incidents that occurred in central Stockholm on August 27. The charges include allegations of unprovoked violent attacks with a hate crime motivation, according to court documents released by the Swedish Prosecution Authority.

The defendants are accused of robbing one individual and threatening that person's friend in Stockholm's city center, followed by what prosecutors describe as a severe assault against another person later the same night. Three of the men face additional charges for an assault that took place on the Stockholm metro system during the same evening. All victims in the three separate incidents were reported to have foreign backgrounds, though they had no connection to each other.

Prosecutor Gustav Andersson, who led the preliminary investigation, stated that surveillance footage and photographs show some of the defendants making Nazi salutes in connection with the alleged crimes. During house searches, authorities reportedly discovered materials and symbols indicating connections to right-wing extremism. The indictment specifically references the neo-Nazi and violence-promoting Aktivklubb movement as evidence of the motive behind the alleged offenses.

The Aktivklubb movement represents part of a larger international right-wing extremist network that outwardly focuses on strength training and martial arts. In Sweden, the movement gained traction in 2023 through the Aktivklubb Sverige network, which serves as an umbrella organization for local clubs. According to the Expo Foundation's 2024 annual report, five groups from Skåne to Hälsingland are part of Aktivklubb Sverige, with the number of registered activities increasing significantly last year.